Updated regarding Proposed Share Consolidation

RNS Number : 6860H

Location Sciences Group PLC

19 November 2018

 

19 November 2018

Location Sciences Group PLC

("Location Sciences" or the "Company")

Updated timetable regarding Proposed Share Consolidation

Location Sciences Group PLC (AIM: LSAI), the leading mobile location data and intelligence expert, announces that, further to its announcement on 2 November 2018 regarding the Circular posted to shareholders convening a General Meeting on 21 November 2018, the expected timetable of principal events set out on page 4 of the Circular has been updated so that, subject to the passing of the Resolutions, the New Ordinary Shares are expected to be admitted to trading on AIM and CREST accounts are expected to be credited with New Ordinary Shares at 8.00 a.m. on 22 November 2018 (rather than at 8.00 a.m. on 23 November 2018 as was previously disclosed in the Circular). The remainder of the timetable remains unchanged and as set out in the Circular.

Save as defined herein, capitalised terms have the same meaning as the Circular published on 2 November 2018, a copy of which is available on the Company's website, https://www.locationsciences.ai/.

Enquiries:
Location Sciences Group PLC	Via Newgate Communications
Mark Slade, Chief Executive Officer
David Rae, Chief Financial Officer
Stockdale Securities Limited	Tel: [phone]
Tom Griffiths
Ed Thomas
Newgate Communications	Tel: [phone]
Bob Huxford
Fiona Norman

About Location Sciences Group PLC:

Location Sciences helps companies connect the online world with the offline world using mobile location technology data. We combine cutting-edge mobile location data collection with proprietary machine learning analytics to create new value and insights from location information.

Location Sciences is media-agnostic and works with a variety of media, advertising and technology partners - plus the world's biggest brands. Our technology is well positioned to fulfil the need for greater accuracy and accountability in a growing market that is increasingly looking for superior data and verification.

 

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